Common use of Solvency Letters Clause in Contracts

Solvency Letters. The Company shall have received a solvency letter, in form and substance and from an independent evaluation firm reasonably satisfactory to it, as to the solvency of the Company and its Subsidiaries on a consolidated basis after giving effect to the transactions contemplated by this Agreement, including all financings contemplated hereby.

Appears in 2 contracts

Samples: Merger Agreement (Microclock Inc), Merger Agreement (Integrated Circuit Systems Inc)

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Solvency Letters. The Company and Purchaser shall each have received a solvency letter, in form and substance and from an independent evaluation firm reasonably satisfactory to itboth parties, as to the solvency of the Company and its Subsidiaries on a consolidated basis after giving effect to the transactions contemplated by this Agreement, including all financings contemplated hereby.

Appears in 2 contracts

Samples: Merger Agreement (Panavision Inc), Merger Agreement (Mafco Holdings Inc)

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